Bitcoin has been pushing above key resistance levels while Ethereum struggles to match that momentum — and a CryptoQuant report by analyst MorenoDV has identified a structural reason for that divergence that goes deeper than price action or sentiment. The gap between the two assets is not random.
The heaviest resistance sitting above Bitcoin’s current price isn’t a round number or a chart pattern — it’s the break-even point of millions of holders who bought in during the past year and are still underwater.
May 9, 2026, 5:00 amOn-chain data shows the Bitcoin network is observing the fastest exodus of holders in nearly two years, a potential sign that retail is taking profits. Bitcoin Total Amount Of Holders Has Declined Recently According to data from on-chain analytics firm Santiment, the Total Amount Of Holders has observed a notable drop for Bitcoin recently.
May 9, 2026, 4:00 am
Bitcoin is facing resistance after weeks of upside that carried it significantly above the lows that defined the worst of the correction. The recovery had been building momentum — and today that momentum met a specific kind of obstacle that XWIN Research Japan has analyzed in detail, with findings that change how the decline should be read.
The convergence of rising stocks, gold, and Bitcoin amid peace hopes highlights shifting investor strategies and evolving asset roles.
Bitcoin has seen a pullback to levels below $80,000 as netflow data related to the US spot ETFs shows the exit of a notable amount of capital. Bitcoin Spot ETF Netflow Has Broken Its 5-Day Green Streak According to data from SoSoValue, the Bitcoin spot exchange-traded funds (ETFs) have just registered a red day.
The US-Iran confrontation heightens geopolitical tensions, impacting global oil prices and financial markets, with Bitcoin's volatility reflecting investor anxiety.
Recent on-chain reports show that Ethereum (ETH) has greatly surpassed Bitcoin (BTC) in a key metric, suggesting that the flagship cryptocurrency may not be as dominant as once thought. According to Santiment data, Ethereum’s holder count has exceeded Bitcoin’s by a staggering 320%, highlighting a surge in adoption and investor interest.
Organizers failed to collect enough signatures to trigger a referendum that would have required the Swiss National Bank to hold Bitcoin in its reserves.
Tokenization and digital asset-infrastructure stocks climbed as SEC Chair Paul Atkins signaled support for onchain finance rules.
Bitcoin holders are increasingly taking profits after the rally, though a correction may still take time to materialize, CryptoQuant said.
TeraWulf’s transition from bitcoin miner to AI infrastructure operator crossed an important milestone in the first quarter of 2026, as revenue from its high-performance computing (HPC) hosting business surpassed income generated from mining cryptocurrency for the first time.
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